The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-03-19
1881 for sixty day bills and 4ss for de-

mand.
Bonds-Government bonds were dull
and steady. State bonds were dull and
steady to firm.
Stocks-The stock market was q lit
tie more active today, and the specu-
lation displayed q somewhat frmer
tone, but dullness still remained the
special feature, although there YVES a
little more movement among the in
active stocks, the result OF the day be-
ing that Yesterdays losses were about
recovered. London again changed
front this morning and orce more be-
came buyer of its speci sltiee, which
made an improvement at the opening.
The room traders, however, re q ID the
opportunity to unload the stock bought
at yesterdays reaction, and the early
gains were not fully maintained,
when the market settled down STEADY,
but extremely dull, with a strong
UNDERGONE. The trading during
most of the day retained It's pure
ly professional character, aud in a
great msiority Of the list the usual
stagnation resulted, the fuctu atoms
for the most part being confined with.
in range Of per cent. There was
absolutely no news of character to
affect values, but the Baltimore and
Ohio deal was again the subject OF
considerable talk, and numerous III.
mors were circulated in regard to cou-
solidation among New England roads.
Richmond and West Point was again
most active, but was without feature
all day. The special movements were
the advances in Texas and Pacific
upon the now assured success OF the
reorgan; zation, and ia Fort Worth aud
Denver. The opening this morning
was tame, bat last eveniug's 6nal fig
ures extended to ! per cent. The MR.
ket Was ratL er weak in the early deal.
ings, under the lead of the Richmond
ard West Point, which! dropped I per
cent, Alter slight rally the market
became extremely dull, but with an ad-
vancing tendency to prices which con-
tinued until noon. Texas and Pacific
Was prominent for its strength. The
market dUing the afternoon was feat.
ureless, and with the exception Of the
advance in Fort Worth and Denver,
showed only fluctuations Of s@t per |
cent. Ia the last hour special weak |
ness was developed in Hooking Val |
ley, which affected the general list |
somewhat, but the close was stesdy |
and dull closs to opening figures. The |
great majority of the active list show
fractional advances, conspicuous
among which is Louisville and Nash.
vile with an advance of per cent,
willis Fort Worth and Denver gained
II per cent. Richmond aud West
Point and Hooking Valley are eech off
1 per cent. Railroad bonds were dull
today. The gales aggregated $1,075,-
600. While prices were generally firm
there was considerable irregularity
and net declines ara numerous. Ches.
apeake and Ohio parchase money rose
per cent, to 113; Denver and Rio
Grande Western frsts Al per cent, to
70; Texas and Pacific terminal trust
receipts q per cent, to 67a; Wabash
convertibles 81 per cent, to SIT, and
Ohio Southern incomes par cent, to
AZ. Hooking Valley fves lost 2 per
cent, to 70.
The total sales OF stocks today were
l52,5S7 shares, including Delaware,
L2ckawanna and Weslero, $500;
Erie, 1926; Hooking Valley, 1915;
Louisville and Nashville, 93l0; Mis-
souri, Pacific, 1920; Union Pacific,
1855; Western Union, $4,000. Closing
quotations:
soVERENrNTs.
g. 80. 1OoN e, coup, l2sh.